The National Agency for Food and Drug Administration and Control (NAFDAC) has uncovered counterfeit alcohol packaging centres at Article Market, Abule-Osun, Lagos State, seizing items worth an estimated ₦2 billion. A NAFDAC statement on Thursday via X noted that, during the operation, over 50,000 fake branded labels and packaging materials used to produce unauthorised and hazardous alcoholic beverages were confiscated. …

The Federal Competition and Consumer Protection Commission has sounded the alarm on a ‘cartel’ manipulating market prices nationwide, inflating costs for goods and services despite government stabilisation efforts. Addressing stakeholders during a one-day engagement on exploitative pricing in Uyo, Akwa Ibom State, FCCPC Chief Executive Officer, Mr. Tunji Bello, revealed that the commission’s investigations in major cities have uncovered troubling …

The Nigeria Security and Civil Defence Corps Commandant General’s Special Intelligence Squad has dismantled an illegal refining site containing over 100,000 litres of stolen crude oil in Adobe settlement, Etche Local Government Area, Rivers State. The Commander of the CG’s SIS, Dandaura Appolos, said the success resulted from credible intelligence indicating that suspects had vandalised a multinational company’s wellhead. He …

The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede has revealed that the anti-graft agency had uncovered how a religious sect in Nigeria is laundering money for terrorists. This was as he also revealed that another religious body was found to be protecting a money launderer after some money suspected to have been laundered was traced …